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A local remittances transfer firm, Access Forex, intends to cover the whole country by year-end.
Ms Mildred Kujinga, Access Forex’s business development manager, told The Sunday Mail Business that the company — which is already offering cross-border remittances for the Zimbabwe-South Africa corridor as well as the Zimbabwe-United Kingdom corridor — would spread its wings to include the financially marginalised.
“Access Forex has been aggressively growing the cross-border remittances targeting Zimbabweans in the Diaspora.
“We launched domestic remittances three months ago and have been expanding the domestic remittances market to take care of the receiver of the last mile,” she said.
“Through this product, Zimbabweans can send money to any part of Zimbabwe. This is not virtual money but hard cash that will find its way to the most remote parts of Zimbabwe, bringing convenience to the country’s marginalised.
“We have deliberately partnered with players who will make it easy for Zimbabweans from all walks of life anywhere to access hard cash.”
The company has since formed tie-ups with partners such as ProFeeds, Quest Financial, Jet Stores and MyCash to widen its reach.
Ms Kijinga said: “What drove us to launch this product is the fact that we discovered, as we were working on our “Feed a Million Campaign” programme, where we are giving back to the community, that getting cash to remote parts of the country was a hassle.”
The company, which is presently providing bureau de change and remittances for Zimbabweans in the Diaspora, mainly the UK and South, has committed more than US$200 000 to assist the less privileged, especially in the wake of the pandemic.
Online Reporter